The world's airlines need another $70-$80bn of government support to get through the crisis caused by the coronavirus pandemic. That's according to the head of the International Air Transport Association (IATA), which is the trade association for the world's airlines. Director-General Alexandre de Juniac told the BBC that sum was "on top of the $170bn already granted". Extra funds would "bridge the gap" between now and June, he said. June is when he expects the first significant easing of travel restrictions, as the impact of vaccines begins to be felt. Government travel restrictions and a huge fall in passenger confidence meant global demand for flights...
Full ArticleAirline industry needs up to another $80bn to survive pandemic
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